Answer:
Principles applied to the elements of design that bring them together into one design. How one applies these principles determines how successful a design may be
Collateral- Something pledged as security for repayment of a loan, to be forfeited in the event of a default.
Answer:
C : $686
Explanation:
The computation of the cash received amount is shown below:
= (Sale value of merchandise - returned merchandise) × (100 - discount rate)
= ($1,000 - $300) × (100 - 2%)
= $700 × 98%
= $686
Since the payment is made within 30 days, so the company could avail the discount of 2% and the return goods should be deducted so that the actual amount of cash received can come.
Cost of goods sold=
beginning inventory+purchase-ending inventory
cost of goods sold
=6,500+21,500−8,500
=19,500
